by Hope
I had great intentions of writing a whole series about where the house money went last month. I sat down one day while at Beauty’s and wrote the first 6 posts and then life got so busy. So today, I complete that series with a summary of what I wrote last month and the last details added in.
The First Six of the Series
| Post | Total |
|---|---|
| Car Maintenance | $2,143 |
| Family Time | $3,396 |
| Insurance | $1,889 |
| Computer | $1,919 |
| Credit Cards | $24,582 |
| Overall Total | $33,929 |
The Last of the House Money
So let’s see. It’s been a couple of months since this all went down. Here’s a list of where the rest of the money went.
- I mentioned in a recent post, I immediately put $5,000 in a new high interest savings account.
- Dad had loaned me $2,600 back in January, 2024 for a new furnace, so I paid him back.
- The painter did work in the last month before the house sold and agreed to let me pay him the balance once the house sold, so I sent him $650.
- I wanted to contribute to Beauty’s wedding in a meaningful way, so I paid for the flowers. Thankfully, the florist is a childhood friend and has given us an amazing deal. Total spent $883. Paid in full.
- Closing out the mortgage cost me an extra $790 to do that. I wrote a post about that challenge which was the cause for a lot of stress and uncertainty. The mortgage still whos as active on my credit report which confuses me to no end.
- In May, I paid $1,000 towards my student loans.
That’s where $44,852 of the house proceeds were spent.
I know those of you monitoring me closely will say, where the remaining $5,000-ish. And to be honest, the bulk of that went to kids for certain items.
A few hundred covered my expenses those first weeks of the move since I did take an entire week of that last week in Georgia. I did buy two new pairs of shorts, three new shirts, and some new underwear when I got to Texas.
But with this post, I am putting that series to bed and moving forward with very clear goals. Or mostly clear goals.
Hope is a resourceful and solutions-driven business manager who has spent nearly two decades helping clients streamline their operations and grow their businesses through project management, digital marketing, and tech expertise. Recently transitioning from her role as a single mom of five foster/adoptive children to an empty nester, Hope is navigating the emotional and practical challenges of redefining her life while maintaining her determination to regain financial control and eliminate debt.
Living in a cozy small town in northeast Georgia with her three dogs, Hope cherishes the serenity of the mountains over the bustle of the beach. Though her kids are now finding their footing in the world—pursuing education, careers, and independence—she remains deeply committed to supporting them in this next chapter, even as she faces the bittersweet tug of letting go.
Since joining the Blogging Away Debt community in 2015, Hope has candidly shared her journey of financial ups and downs. Now, with a renewed focus and a clear path ahead, she’s ready to tackle her finances with the same passion and perseverance that she’s brought to her life and career. Through her writing, she continues to inspire others to confront their own financial challenges and strive for a brighter future.
So, $5000 + $3400 + $900, or $9500 went to the kids? Or about 20% of your proceeds from the sale of the house? That’s…. A lot and I’m guessing unequally divided since you’ve detailed how much of it went to Princess’s celebrations.
I would keep digging at that mortgage issue on your credit report. I’d be concerned that it still shows as open, too.
Longtime readers know the way she treats her children….
Hope, I appreciate you finishing this series despite life getting in the way. With that said, I’m incredibly nervous for you! It just doesn’t seem like your habits, let alone outlook on money has changed, and now you don’t have the asset of your house to rely on, and are essentially homeless. Have you been working with a therapist still? I think these issues that people in the comments keep pointing out with be so great to bring up with a therapist, or else I fear the patterns will just keep repeating, with much more dire consequences.
Using the remaining 5k-ish on the kids is a noble decision, but again your future is put aside to help / spoil the kids. That’s your right as a mom but you need to put yourself first. Otherwise I worry for the kids having to take care of you financially. 5k to the kids who are all working and self sufficient for the most part and just no explanation as to where it all went is kinda sad after all this time.